SEPC Rights Issue 2025

SEPC Rights Issue 2025 description – SEPC Contractor specializes in turnkey contracts for Engineering, Procurement, and Construction (EPC) projects, offering comprehensive solutions and project management services. SEPC stands for “Solution Engineering Procurement Construction” and focuses on providing turnkey solutions in two main business areas:

• Infrastructure, including water and wastewater utilities, and road construction.
• Industrial EPC, including process plants, steel mills, mine development, and power plants.

As of 30 September 2024, the company has a total order book of INR 8,472.96 crore. As of the same date, SEPC has 231 employees, including its executive directors, who oversee the business operations, management administrative, secretarial, marketing, and accounting functions following their respective goals.

Promoters of SEPC – Mark A B Capital Investment LLC

SEPC Rights Issue 2025 Details

SEPC Rights Issue Date	9 – 23 June 2025
SEPC Rights Issue Price	INR 10 per share
Issue Size (in Shares)	34,98,34,783 shares
Issue Size (in INR)	INR 349.83 crore
Issue Entitlement	11 equity shares for every 50 equity shares held on record date
Terms of Payment	The payment terms state that an amount of INR 5 is payable on application and INR 5 on the first and final call, making a total of INR 10 per rights equity share.
SEPC Rights Issue Record Date	23 May 2025
Face Value	INR 10 per share
Listing On	NSE, BSE

SEPC Rights Issue 2025 Calculation

SEPC Rights Issue Price	INR 10 per share
Market Price on Rights Issue Approval	INR 14.55 per share
Dilution Factor (X)	1.2
Fair Value After Dilution at Prevailing Price	INR 13.79 per share

SEPC Financial Performance

	FY 2022	FY 2023	FY 2024
Revenue	329.0	379.0	561.0
Expenses	366.0	435.0	527.0
Operating Margin (%)	(36.0)	(56.0)	34.0
Net Income	(263.71)	(4.91)	22.78
ROCE (%)	(2.00)	(3.00)	5.0

SEPC Rights Offer Objectives

The net proceeds from the offer are proposed to be used for

• Funding for Payment of Non-Convertible Debentures including redemption and interest – INR 140 crore
• Repayment/Pre-payment, in full or part, of certain borrowings availed by the company – INR 15 crore
• Funding for increasing the additional Margin of Non- Fund Based Limits – INR 15 crore
• To augment the existing and incremental working capital requirement of the company – INR 160 crore
• General corporate purposes – INR 2 crore

SEPC Rights Offer Documents

• SEPC Rights Issue Application Form
• SEPC Letter of Offer
• Board Meeting Outcome
• SEPC Draft Letter of Offer
• Rights Issue in 2024

SEPC Rights Issue Dates

Rights Issue Approval Date	13 May 2025
Rights Issue Record Date	23 May 2025
Credit of Rights Entitlement	6 June 2025
Rights Issue Opening Date	9 June 2025
Last Date for Market Renunciation	17 June 2025
Rights Issue Closing Date	23 June 2025
Finalization of Basis of Allotment	27 June 2025
Rights Allotment Date	27 June 2025
Credit Date	2 July 2025
Listing Date	8 July 2025

SEPC Rights Offer Lead Manager

SUMEDHA FISCAL SERVICES LIMITED
6A Geetanjali, 6th Floor,
8B Middleton Street, Kolkata – 700071
Tel: (033) 2229 8936/6813 5900
E-mail: [email protected]
Website: www.sumedhafiscal.com

SEPC Rights Offer Registrar

CAMEO CORPORATE SERVICES LIMITED
No. 01, Club House Road, Mount Road,
Chennai- 600 002, Tamil Nadu, India
Phone: +91 44 4002 0700/2846 0390
Email: [email protected]
Website: www.cameoindia.com

SEPC Issue Contact Details

SEPC LIMITED
4th Floor, Bascon Futura SV, IT Park,
Venkata Narayana Road, Parthasarathy Puram,
T. Nagar Chennai – 600 017, Tamil Nadu, India
Phone: +91 44 4900 5555
Email: [email protected]
Website: www.sepc.in

SEPC Rights Offer FAQs